The company is the backbone of the travel and hospitality business. If you choose to book a flight, a cruise, a hotel room, or a tour, the chances are your reservation is processed by Sabre’s systems. Of course, these days few people are booking anything, and Sabre’s stock price suffered accordingly.
The stock fell as low as $3.30 in the March meltdown. It has recovered some ground since but it still trading at about half the price of its 52-week high.
The travel and hospitality industry should begin to recover in the second half of this year as the vaccination program rolls out. As it does, Sabre’s price will climb.
This stock could potentially gain 50%-75% over the next 12 months. I would also note that this stock was originally selected for my Internet Wealth Builder newsletter by contributing editor Glenn Rogers.
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Meanwhile, a Top Pick from last year, Brookfield Renewable Partners (BEP) (Toronto BEP.UN), operates one of the world’s largest publicly traded renewable power platforms. Its portfolio consists of approximately 19,400 MW of capacity and 5,318 generating facilities in North America, South America, Europe and Asia.
Most of its assets are hydro-electric but its also into wind and solar power. Last year was lousy for oil and gas companies but green energy stocks did well. Brookfield rewarded its unitholders with a distribution increase, a profitable spin-off, and a 3-2 share split. The units finished the year up 73%.